The enterprise risk management profession is fast evolving and as the world leader in ERM education and research, IRM is continuously identifying trends and strategies that are shaping the future. IRM offers thought leadership and publications covering varied topics across the globe to elevate the importance of enterprise risk management across industries and sectors. IRM also works with organizations, education institutions, IRM special interest / regional groups and IRM Qualified members to publish high-quality, in-depth research. IRM’s thought leadership programme looks at the crucial issues facing the enterprise risk management profession, both now and in the future.
Enterprise Risk Management (ERM)proposes that firms address all of their risks comprehensively and coherently instead of managing them individually. The Harvard Business Review listed ERM as one of the “breakthrough ideas for 2004”(Buchanan, 2004).Rating agencies, professional associations, legislative bodies, regulators, stock exchanges, international standards organizations, and consultants have vigorously urged firms to adopt ERM(Arena, Arnaboldi, & Azzone, 2010). Heeding such calls, leading financial services firms were some of the early adopters of ERM. Yet, the difficulties experienced by some of those firms during the 2008 financial crisis have cast doubt on the efficacy of ERM. For example, Countrywide Mortgage, praised in 2007 by the Institute of Internal Auditors as an exemplar of ERM, faced bankruptcies 2008.
If you want Research Paper On Enterprises Risk Management just visit The IRM India website.
No comments:
Post a Comment